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Travelers and Selective’s releases point to ongoing reserving challenges this earnings season. -
Reserve releases in workers' comp may have been premature despite industry confidence.
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Hansen joined the California-based workers’ compensation provider in 2006.
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The H2 rate predictions mark a slight moderation from those in H1.
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The firm’s underwriting performance is hard to piece together from the limited available data.
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Mental health problems account for 52% of all workplace injury cases.
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The segment’s accident year 2023 combined ratio moved up 1 point to 98% in 2023.
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The all-items CPI has increased 3.4% over the last 12 months.
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The carrier’s comments on claims severity should serve as a warning for the industry
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Yesterday, the carrier reported its Q1 CoR improved 2.3 points to 111.6%, reflecting a better CAY loss ratio.
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The business consists of the workers’ compensation book and auto casualty bill review solutions.
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Michael Smith is a former mortgage broker.
